ticket resellers

4 Stories

Feds Bust $25M Ticket-Scalping Ring

'Wiseguys' accused of using hackers to corner market on concert tickets

(Newser) - Four men who formed a company called "Wiseguy Tickets" have been charged with running a massive ticket-scalping scheme. Federal prosecutors say the Californians employed a team of Bulgarian computer programmers to help them access the systems of vendors like Ticketmaster and corner the market on tickets for some of... More »

'Cheap' Tickets Go for $1,300

Economic worries cool demand for red-hot tickets

(Newser) - The pancaked economy and a lack of star power means Super Bowl tickets are selling a lot cheaper than in years past, Marketwatch reports. But they're not going for pennies. Resellers are offering nosebleed seats for as low as $1,300. An average seat is going for around $2,500—... More »

NCAA Grabs More Control of Ticket Resales

Group says moves are for the fans; critics see similarities with pros

(Newser) - The NCAA is stepping up its efforts to rake in more money from March Madness by striking deals with online sites that resell tickets and travel packages at hefty profits, the Los Angeles Times reports. By sanctioning such deals, the NCAA says it can guard against unscrupulous gouging, but critics... More »

Ticketmaster Pays $265M for Online Scalper

Purchase signals major shift in resellers' business model

(Newser) - Fans who once turned to scalpers for last-minute seats can now hit up ... Ticketmaster? In a sure sign of the online ticket resale boom, the sports and entertainment behemoth will buy TicketsNow, the second-largest online ticket reseller, reports the Wall Street Journal. "Clients who five years ago were not... More »

4 Stories